
Consumer Staples · NSE
Incorporated in 1999 as a proprietorship by founder Ghanshyam Lukhi and later established as Tapi Fruit Processing Limited, the company is a manufacturer of jelly-based fruit products including candied, crystallised and glazed fruits, fruit bars, jellies, jams, fruit leathers, chutneys, sauces, beverages, fruit crushes, syrups, and nutraceutical items like vitamin gummies. All products are produced in-house at its Pipodara, Surat (Gujarat) manufacturing facilities, which hold certifications such as ISO 22000:2018 and FSSAI. With a strong pan-India distribution network, the company supplied its products across 28 states and Union Territories during FY 2021–22 through a network of 60 super-stockists.
Price Band
₹48
Issue Size
₹5.21 Cr
Lot Size
3000 shares
GMP
+2.1%
Est. Listing
₹49
at current GMP
Subscribed
2.62x
overall
Open
12 Sep 2022
Close
14 Sep 2022
Allotment
19 Sep 2022
Refund
20 Sep 2022
Demat Credit
21 Sep 2022
Listing
22 Sep 2022
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹48
Band: ₹48
Estimated Listing Price
₹49
Upper price + GMP
Lot Size
3000 shares
Min investment ₹1,44,000
Estimated Profit / Lot
₹3,000
3000 × ₹1
Grey Market Premium trend
+₹1
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹1 | 2.1% | ₹49 |
| 30 Oct 2026 | +₹1 | 2.1% | ₹49 |
| 29 Oct 2026 | +₹1 | 1.9% | ₹49 |
GMP is unofficial market data. Not a guarantee of listing performance.
Tapi Fruit Processing Limited is bringing an initial public offering (IPO) in the Consumer Staples sector with an aggregate issue size of ₹5.21 Crores. The shares are offered at a price band of ₹48 to ₹48 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 3000 shares (approx. ₹1,44,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Bigshare Services Pvt Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-09-21, while un-allotted funds or UPI block mandates will be released on 2022-09-20.
The latest grey market premium for Tapi Fruit Processing Limited IPO is ₹1, which indicates an expected listing price of ₹49.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.